Real Estate Development

Complete project development is what renders MBM Construction so unique. Our unparalleled market knowledge of Southern Delaware enables us to maximize real estate value for our clients. MBM can assist you in all phases of land development including concept planning, pre-engineering, submissions, approvals, final engineering, agency approvals, record plan, site development, and building construction.

MBM has completed several land development projects including:

  • Morris Mill Pond Estates - 146 Unit single family pond front community located in Millsboro, De. Completed all phases of development through sitework. Constructed 1500 sq ft community poolhouse and pool. Lots are being individually sold. Contact Rick Banning at 302-893-1110 with any interest in builder take downs.
  • Spring Haven - 18 lot single family sub-division in Lewes, De. Completed all phases from concept planning though final engineering and recordation. Planning to build out the community offering 1300 - 1700 sq ft single family workforce housing ranging in price from $175,000 - $225,000. Contact Rick Banning at 302-893-1110 if you are interested in purchasing the entire project, lot take downs, or partnering to complete sitework and build out the project.
  • Friendship Village Apartments - 168 unit Apartment Community, Harrington, De. Completed final phases of engineering, sitework and build out. Includes 5 buildings, 2500 sq ft clubhouse and pool. First 144 unit are complete and fully leased. Final 24 unit building is under construction with completion expected Q4 2010.
    http://www.liveatfriendshipvillage.com/
  • Stoneybrook Apartments - 192 Apartment Community, Seaford, De. 8 buildings, clubhouse, and pool. Completed all phases from concept to final engineering and recordation. Sitework currently underway. Building construction scheduled to begin Q3 2010.
  • Seacoast Center - 18,000 sq ft shopping plaza, Rehoboth Beach, De. Redeveloped existing center. Completed all phases including concept through final engineering. Consist of three 6,000 sq ft buildings. Building #1 complete and occupied. Building #2 completion scheduled for Spring 09'.
  • Cottagedale Apartments - 168 Unit Apartment complex located in Lewes, De. Received preliminary approval and currently working on final engineering.
Please contact Rick Banning at 302-893-1110 or rick@mbmproperty.com for investment or partnership opportunities for any of the projects above.
 
   
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